TORVET 10 AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

50,31 %

Current Ratio

0,53

Debt-to-Equity Ratio

7,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 000	227 000	222 000	218 000
Net Income	80 000	54 000	35 000	22 000
Total Assets	2 081 000	2 114 000	2 156 000	2 096 000
Total Equity	159 000	78 000	24 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 000	227 000	222 000	218 000
Expenditure	120 000	141 000	146 000	146 000
Operating Profit	123 000	86 000	76 000	72 000
Financial Income	9 000	3 000	3 000	4 000
Financial Costs	52 000	36 000	44 000	54 000
Financial Balance	−43 000	−33 000	−41 000	−50 000
Earnings Before Tax	80 000	54 000	35 000	22 000
Tax	0	0	0	0
Net Income	80 000	54 000	35 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 679 000	1 751 000	1 823 000	1 894 000
Total Current Assets	402 000	363 000	333 000	201 000
Total Assets	2 081 000	2 114 000	2 156 000	2 096 000
Total Retained Equity	59 000	−22 000	−76 000	−111 000
Total Equity	159 000	78 000	24 000	−11 000
Total Long-Term Debt	1 163 000	1 258 000	1 353 000	1 400 000
Total Current Debt	760 000	778 000	779 000	706 000
Total Equity and Debt	2 081 000	2 114 000	2 156 000	2 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	243 000	227 000	222 000	218 000
Revenue	243 000	227 000	222 000	218 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	72 000	72 000	72 000	62 000
Impairment	0	0	0	0
Expenditure	120 000	141 000	146 000	146 000
Operating Profit	123 000	86 000	76 000	72 000
Financial Income	9 000	3 000	3 000	4 000
Financial Costs	52 000	36 000	44 000	54 000
Financial Balance	−43 000	−33 000	−41 000	−50 000
Dividends	0	0	0	0
Net Income	80 000	54 000	35 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 679 000	1 751 000	1 823 000	1 894 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 679 000	1 751 000	1 823 000	1 894 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 679 000	1 751 000	1 823 000	1 894 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	394 000	355 000	325 000	54 000
Total Current Assets	402 000	363 000	333 000	201 000
Total Assets	2 081 000	2 114 000	2 156 000	2 096 000
Total Equity	159 000	78 000	24 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 163 000	1 258 000	1 353 000	1 400 000
Creditors	0	27 000	31 000	0
Unpaid Taxes	54 000	45 000	41 000	0
Dividends	0	0	0	0
Other Current Debt	706 000	706 000	706 000	706 000
Total Current Debt	760 000	778 000	779 000	706 000
Total Equity and Debt	2 081 000	2 114 000	2 156 000	2 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,31 %	69,23 %	145,83 %	−200 %
Debt-to-Equity Ratio	7,31	16,13	56,38	−127,27
Operating Profit Margin	50,62 %	37,89 %	34,23 %	33,03 %
Current Ratio	0,53	0,47	0,43	0,28
Quick Ratio	0,53	0,47	0,43	0,28
Equity Ratio	0,08	0,04	0,01	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %